Basically I haven't been doing too hot in IB recruiting so far. I have decent previous ER experience, I'm going to be interning at a small value mutual fund this summer, and I have a very well developed pitch as well which I'd send out while networking. I feel like I'd be fairly competitive for BB ER given my previous ER experience if I start networking hard, but I'd be looking at probably MM for IB, maybe top MM, and almost definitely in a regional office.
I'm trying to do SA, 2 years, then jump to a HF. I think my chances of that by going to top SS ER are higher than that of going through MM IB. I'd be fine with L/S, and that's what my background is in, but I'd rather do distressed/ special situations/ event driven. I like the optionality of IBD in that it would allow me to go into distressed/ whatever and PE if that's appealing, but I'm not sure if that's possible from regional MM.
Is my thought process sound? What would you guys recommend me do or focus my efforts?